Accounts receivables, generally abbreviated as AR are claims or payments held by a business for goods or services delivered to the customers but hasn’t been paid for it yet. In simple terms, it is the money owed to a company by its debtors. They are treated like current assets to the company, hence, one of the important parts affecting the cash flows on a daily basis. Organisations dealing with bulk supply of goods or services are bound to create thousands of entries of account receivable on a daily basis as well as have backlogs of accounts receivables not being paid on a timely basis by the buyers. There can be numerous reasons behind it like multiple vendors buying goods on a credit basis where it gets difficult to keep a tab on each one of them and nudge them on a regular basis to procure payments. Handling all of it is a daily requirement a company needs to perform in order to keep its cash flow consistent. Hence, sharing the work load with a reliable outsourcing partner to save costs and time of a company is the best thing to do.
We, at SkyWeb Service provide accounts receivable services to our clients at cost effective prices with an assurance of 100% quality work. We have a dedicated team of professionals who are qualified and experienced to work on accounts receivable process by assisting organisations on a daily basis. Our accounts receivable services majorly includes creation and accumulation of accounts receivable data at one single place or into a database system along with capturing relevant particular for each entry like date and time of sale, customer details and amount due, keeping a track of when each invoice is due, identify total number of invoices due on a periodical basis like 15 days, 30 days or 3 months whatsoever our client would want to keep the time of the period, creating AR reports bifurcating the amounts received and still due with a list of the debtors and calculating the figures and providing an estimate to the client of the bad debts which can be accumulated in the near future. Our team also work on sending out payment reminders to the buyers as per the client’s instructions in a particular format duly approved by the client and entering the amount received and updating the accounts accordingly. We also hold expertise to maintain accounts ledgers for our clients which is updated by our team on a regular basis. See Accurate accounts receivable entry service.
We provide tailored services for accounts receivable in almost every sector of the industry be it a financial institutions, educational institutions, real estate, medical industry, traditional business houses on small scale or a large scale and so on. Our team is well versed to work on accounting software and other related software tailored by our clients.
SkyWeb Service also provides day and night customer support to resolve any of your queries at the earliest. We adhere to data privacy laws and make sure to keep complete confidentiality for our clients and no information can be accessed by any third party vendor. Outsource your accounts receivable work to SkyWeb Service and get rid of this long procedural and cumbersome work so that you can focus on your core activities of the business for its growth and expansion.